McDaniel College

 

     

 

 
July, 2012

To Our Students and Families:

With the current level of education costs, we have had a concern for the student who suffers a serious illness or accident and has to leave McDaniel College before the semester is completed. In many instances, it means not only the loss of time invested in studies but also the loss of the semester's costs.

We are pleased to advise you of an insurance program, the Tuition Refund Plan (T.R.P.), which will minimize the financial portion of the loss. This elective insurance plan provides coverage for tuition, room and board charges. A.W.G. Dewar, Inc. offers this Plan, underwritten by OneBeacon Insurance Group, at an annual cost of $478.00 for campus resident students and $394.00 for commuter students.

This Plan significantly extends and enhances the College's published refund policy. You are assured of a 75% refund throughout the term, even after the College's policy has expired. This is especially beneficial when you are forced to withdraw and then return for a later term. The chart below illustrates how the Tuition Refund Plan complements our refund schedule for tuition costs (see College Catalogue for College's refund policy pertaining to room and board charges).

Coverage Schedule
If the Withdrawal Occurs During:College Refunds:The T.R.P. Refunds:Student Receives:
First Week80%0%80%
Second Week60%15%75%
Third Week40%35%75%
Fourth Week20%55%75%
After Four Weeks0%75%75%

We are providing the Tuition Refund Plan as an option for students and parents. It is vital that those who wish to participate online submit the application and premium before the College's opening date of classes. Applications submitted on or after the opening date will not be accepted.

Sincerely yours,

Harriett Corbran
Bursar

For more information, please click coverage.
For cost and enrollment form click application.

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